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Sounds like a pension fund to me.

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DrStrangelove

17,810 Posts.

08/09/22

07:45

Post #: 63578011
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Originally posted by johngalt815: ↑

A mystery foundation established just over a year ago by a businessman with connections to the Governor-General has had its federal funding scrapped.

Questions had been raised about why a foundation with no record of running leadership programs was awarded the cash with no competitive grants process.

www.abc.net.au/news/2022-09-07/albanese-government-scraps-funding-for-gg-backed-foundation/101416170

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Sounds like a pension fund to me.
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